Asia’s wealth management hub Singapore continues to add to the high profile portfolio of major sporting events by snaring a four-year deal to host a leg of the World Rugby Sevens Series.

The competition features the world's top 16 national teams such as perennial crowd favourites Fiji along with heavyweights New Zealand, Australia and France.

Rugby 7’s will make an Olympic debut in Brazil next year and is sure to become an instant hit being a fast, high intensity and viewing friendly sport.

Having recently won the battle to host the prestigious WTA finals which saw local institution DBS Bank get involved in sponsorship and having now hosted perhaps the most glamorous F1 race on the calendar for seven years, another money spinning major sporting event is sure to be a success.